{"data":{"id":"us-ca/civ-6566","jurisdiction":"us-ca","citation":"CIV § 6566","heading":"","body":"“Stock cooperative” means a development in which a corporation is formed or availed of, primarily for the purpose of holding title to, either in fee simple or for a term of years, improved real property, and all or substantially all of the shareholders of the corporation receive a right of exclusive occupancy in a portion of the real property, title to which is held by the corporation. The owners’ interest in the corporation, whether evidenced by a share of stock, a certificate of membership, or otherwise, shall be deemed to be an interest in a common interest development and a real estate development for purposes of subdivision (f) of Section 25100 of the Corporations Code.","path":["Civil Code - CIV","DIVISION 4. GENERAL PROVISIONS [3274. - 9566.]","PART 5.3. Commercial and Industrial Common Interest Developments [6500. - 6876.]","CHAPTER 1. General Provisions [6500. - 6566.]","ARTICLE 2. Definitions [6526. - 6566.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"851c16cd330512523225683c50902e43eadecb4d8b0c7e5da7f2afc501c0e528","source_id":"us-ca","stale":false,"prev":"us-ca/civ-6564","next":"us-ca/civ-6580"},"notice":"GroundRules: Original legal text. Not legal advice."}